Dow Jones Blows by 26K

If it closes above milestone, it will set a breathtaking record for 1K-point gain
By Polly Davis Doig,  Newser Staff
Posted Jan 16, 2018 8:51 AM CST
This Wednesday, Oct. 18, 2006 file photo shows the charging bull in lower Manhattan in New York.   (AP Photo/Mary Altaffer, File)

(Newser) – The Dow Jones Industrial Average opened above 26,000 for the first time Tuesday morning, and the Wall Street Journal reports that the latest 1,000-point rise took only a dizzying and record seven trading days. The asterisk to that record is that it won't be official until the Dow closes above 26,000. The Journal notes that the records keep falling faster: The Dow took only 23 trading days to hit 25,000 from 24,000 on Jan. 4, and the previous 1,000-point milestone (which actually happened twice: getting to 11,000 and 21,000) took 24 trading days. The Dow is trading at 26,062 as of this writing.

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